Plum Wine rounds out top 10 Wine Tech Fundings

 

 

Plum.wine retails for $1,999 and, according to Williams-Sonoma:

• Automatically identifies each wine label with a built-in camera and database of more than 6 million wines.
• Provides content about winemaker, region, vintage, varietal and wine.
• Automatically chills two bottles independently to the optimal serving temperature for each varietal.
• Automatically pours wine in customizable sizes, choose from a taste to a glass.
• Preservation system uses a motorized needle to pierce the foil and cork without removing the closure, and pressurizes the bottle with argon for 90+ days of preservation.

Relevant Links

• Wine Plum, Inc. CIK#: 0001645039 (see all company filings)

• Plum Raises $10 Million Series B Funding Led By Las Olas Venture Capital

• Plum Raises $9 Million Series A Led By Khosla Ventures To Transform Wine By The Glass At Home And Luxury Hotels

• Plum Debuts First Super-Automatic Wine Appliance

• Williams Sonoma To Bring Innovative Wine-On-Demand Appliance Plum To Retail

Previous Wine Industry Insight/Wine Executive News wine tech funding profiles:

• eSkye Solutions moves up to #4 in wine-tech funding. Overall rankings adjusted by new data.

• Vinventions restructures company finances, moves into #1 position in wine investments ahead of Wine.Com

• Winc (Formerly Club W) comes in at #7 In WII’s Winetech funding survey

• Lot 18 funding: $44.5 million good enough for 6th place in winetech venture funding

• At $53 million, Drizly places #4 in winetech funding, but #1 in the total number of investors.

• Vivino surfs to online prominence atop a wave of Euro Cash

• Wine.Com’s $140 million funding foundation takes #1 position in WII’s wine venture funding series

• List of top 50 wine business venture fundings + Coravin #1 in total financing

• Chinese wine venture capital investments blow away United States efforts

• Wine industry missing out on investment due to its lack of financial transparency